Gold prices in Pakistan declined on Monday, mirroring a significant drop in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs. 5,500, settling at Rs. 470,162. Similarly, the price of 10 grams of gold decreased by Rs. 4,715 to Rs. 403,088.
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CNOOC Discovers Over 100 Million Tons of Oil Equivalent at Qinhuangdao 29-6 Oilfield in Bohai Sea, Boosting China’s Offshore Energy Reserves
29 December, 2025 0 14The study, reported by TechXplore, evaluated models such as ChatGPT-4o and Claude-Sonnet-4 using a classic game theory experiment called the “Keynesian beauty contest.” In this experiment, participants play a “Guess the Number” game where each player selects a number between zero and 100. The winner is the player whose number is closest to half the average of all chosen numbers. Success requires
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UAE to Acquire Fauji Foundation Shares to Settle $1 Billion Liability, Says Ishaq Dar
29 December, 2025 0 13Deputy Prime Minister Ishaq Dar announced that the United Arab Emirates will acquire a stake in the Fauji Foundation Group, assisting Pakistan in settling a $1 billion liability. During a press briefing in Islamabad, he explained that the UAE had previously extended $3 billion to Pakistan, and instead of rolling over $1 billion, the matter is being addressed through equity acquisition.
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UAE to Invest in Fauji Foundation, Pakistan Aims to Settle $1B Liability Amid Strengthened Global Ties
28 December, 2025 0 5Pakistan’s Deputy Prime Minister and Foreign Minister, Senator Ishaq Dar, has announced that the United Arab Emirates will acquire shares in the Fauji Foundation, signaling a major step in enhanced economic cooperation between the two countries. The strategic investment is aimed at helping the Fauji Foundation settle a $1 billion liability, while an additional $2 billion loan is expected to be
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Pakistan’s Rice Exports to China Jump 14% to $49.37 Million in Jan–Nov 2025, Food Shipments See Strong Growth
28 December, 2025 0 9Pakistan’s rice exports to China recorded a notable increase during January to November 2025, rising by 14 percent to $49.37 million compared to $43.49 million in the same period last year, highlighting strengthening trade ties and rising demand in the Chinese market. The growth reflects improved market access, smoother trade facilitation mechanisms, and a stronger presence of Pakistani
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PM’s Adviser Clarifies PIA Privatization Price Misconceptions, Affirms Transparent Sale Process
28 December, 2025 0 7Pakistan’s Adviser on Privatisation, Muhammad Ali, clarified that Pakistan International Airlines (PIA) is not being sold at the price of just one or two aircraft, addressing misleading reports circulating in the media.
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Arif Habib Consortium Acquires PIA for Rs135 Billion as Government Moves to Revive Loss-Making National Carrier
28 December, 2025 0 7Pakistan International Airlines (PIA) has been privatized, with the Arif Habib Consortium acquiring a 75% stake for Rs135 billion. Between 2015 and 2024, the national carrier incurred cumulative losses of Rs500 billion, averaging Rs4.1 billion per month, highlighting longstanding operational and financial challenges.
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Arif Habib Dismisses ‘Undervalued Sale’ Claims, Says PIA Had Zero Book Value at Time of Acquisition
28 December, 2025 0 9Businessman Arif Habib has dismissed claims circulating on social media that Pakistan International Airlines (PIA) was sold at a throwaway price, clarifying that the national carrier effectively had zero book value at the time of the transaction.
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FBR Exempts Chinese Imports for Gilgit-Baltistan via Sost Dry Port from Sales Tax, Income Tax and FED
28 December, 2025 0 9Chinese goods imported for Gilgit-Baltistan through the Customs Dry Port Sost have been exempted from sales tax, income tax, and federal excise duty with immediate effect, according to a notification issued by the Federal Board of Revenue (FBR).
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Pakistan Textile Exports Hit Record $6.4 Billion in First Four Months of Fiscal Year
26 December, 2025 0 8Pakistan’s textile sector has recorded a historic performance, with exports reaching an unprecedented $6.4 billion during the first four months of the current fiscal year, the highest trade volume ever achieved for this period. The strong showing reflects a combination of favourable global demand, improved market access, and a relatively stable Pakistani rupee, which has enhanced the
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